OREANDA-NEWS. May 5, 2012. Please be informed herewith that DCC and ZAO PARITET Registration & Depository Center (hereinafter the ‘Registrar') have entered into an agreement on the use of electronic document interchange (EDI).

The aforementioned agreement enables DCC to substantially reduce operational time for withdrawals in share registers.

The agreement with the Registrar stipulates that no additional fee shall be charged for execution of operations in share registers.

Execution terms for instructions of DCC Participants for withdrawal of securities into the share register via the EDI established between DCC and the Registrar are as follows:

deadline for submission of instructions to DCC for their execution in the share register on the same-day basis – 5:00 p.m. Moscow time;
the terms for execution of the operation in the register are stipulated in the Registrars' Rules of Register Maintenance;
on the day of the operation in the share register the Registrar provides DCC with a notification on the executed operation via EDI;
on the next business day after execution of the operation in the share register the Registrar provides DCC with a paper form notification on the executed operation signed by an authorized person and affixed with the seal of the registrar;
the paper form notification on the executed operation received from the Registrar is submitted to DCC Participant.

A Participant can use the service of prompt execution of an operation in the share register maintained by ZAO PARITET Registration & Depository Center. In this case a Participant shall indicate the T1 (where ‘T' is a Latin letter) attribute in the ‘Additional information' field and submit the instruction to DCC before 4:00 p.m. Moscow time. ZAO PARITET Registration & Depository Center considers and executes the transfer order generated by DCC on the basis of the Participant's instruction on the same-day basis.

ZAO PARITET Registration & Depository Center charges an additional fee for prompt execution of the operation in the share register in accordance with its fee schedule.

For more detailed information on terms and conditions of operations in share registers via electronic links with registrars please see the DCC-Registrar EDI section or address your manager at DCC.